Open Platform (OPENP) Price

## What is Open Platform (OPENP)? Open Platform (OPEN) is a blockchain-based protocol designed to facilitate the integration of decentralised payment solutions for applications. It provides tools and infrastructure that enable developers to incorporate blockchain technology into their applications, enhancing payment processing and transaction management. The OPEN ecosystem includes features such as the OPEN Chain, Scaffolds, and a developer-centric API that aim to simplify the integration of cryptocurrency payments. ## What is Open Platform (OPENP) used for? Open Platform is primarily used to enable applications to accept cryptocurrency payments seamlessly. By leveraging the OPEN Chain and its associated technologies, developers can create decentralised applications (dApps) with built-in payment processing capabilities. The platform's Scaffolds are smart contracts that manage various payment-related functions, such as token management and payment routing. The OPEN API allows for easy integration with existing applications, providing a bridge between traditional financial systems and blockchain technology. This enables faster and more secure transactions, reducing the complexity and cost associated with traditional payment processors. ***Although 'OPEN' was the ticker assigned at the deployment of the Open Platform Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'OPENP' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.***